(UK) What are the Key Takeaways for future Restructuring Plans following the GAS sanction hearing?

What can we say about the outcome of the GAS (Great Annual Savings Company Limited) sanction hearing that hasn’t already been reported?

It’s impossible not to comment on the fact that the plan was not sanctioned, and as a consequence of fierce opposition from HMRC that it avoided cram down.  Nor that the court refused to sanction the plan on the basis that the conditions for cram down were not met – the court was not satisfied that HMRC would … Read the rest

Announcement of opinions for Thursday, May 18

Announcement of opinions for Thursday, May 18

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On Thursday, May 18, we will be live blogging as the court releases opinions in one or more argued cases from the current term.

Click here for a list of FAQs about opinion announcements.

 

The post Announcement of opinions for Thursday, May 18 appeared first on SCOTUSblog.

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Susan Oki Mollway, First Asian American Woman on Federal Bench: ‘Believe in Yourself’

As a Japanese American, Judge Susan Oki Mollway never considered herself disadvantaged while growing up in the multicultural environment of Hawaii. So, she was surprised, when she was nominated to the federal bench in 1998, to learn she was the first Asian woman to serve as an Article III federal judge. In recognition of Asian Pacific American Heritage Month, a new video profile explores Mollway’s heritage.
Judiciary News – United States CourtsRead the rest

Unpacking Basis Period Reform: What does it mean for LLPs, Partnerships and individual partners? – Ten(-ish) Minute Talk

We are delighted to welcome Alex Conway, tax partner at Crowe, as a guest speaker for this discussion on Basis Period Reform changes.

In this discussion, Alex along with Partners Corinne Staves and Zulon Begum, demystify the basis period reform changes and outline the practical implications for partners and firms. In this wide-ranging discussion, they explore:

  • The increased cash pressures on partners and firms and ways to address these changes;
  • How working practices will need to change to
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North Dakota truck stop objects to federal allowance for debit-card processing fees

North Dakota truck stop objects to federal allowance for debit-card processing fees

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The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here.

The Administrative Procedure Act is a federal law that governs the procedures by which federal agencies propose and issue regulations. The APA gives anyone who is injured by an agency’s action the right to go to court to challenge the action, but plaintiffs must file their challenges “within six years … Read the rest

Judiciary Ends COVID Emergency; Study of Broadcast Policy Continues

The COVID-19 emergency is no longer affecting the functioning of the federal courts, the Judicial Conference’s Executive Committee has found, setting in motion a 120-day grace period in which federal courts may continue to provide the same remote public audio access to civil and bankruptcy proceedings as they did during the emergency.
Judiciary News – United States CourtsRead the rest

Distinguish the Insurance Agent and the Insurance Broker under PRC Law

In dealing with PRC related insurance disputes, one question is often raised by Chinese court or arbitration institute: what is the insurance agent or the insurance broker? The relationship between the insurance agent, broker, insurer, policyholder, insured and beneficiary always confused the judge and arbitrator. This article will elaborate the concept, function, difference of these two parties in the framework of PRC insurance law.

Definition and Characteristics of the Insurance Agent and the Insurance Broker under the PRC Law

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Court narrows scope of federal wire fraud statutes

Court narrows scope of federal wire fraud statutes

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For decades, the Supreme Court has steadily narrowed the scope of the federal criminal wire fraud statutes, and Thursday’s decision in Ciminelli v. United States is no exception. The court held that the federal criminal wire fraud statutes do not incorporate a “right to control” theory of fraud. The court referenced both federalism and overcriminalization concerns in narrowing the scope of the wire fraud statutes, pushing federal prosecutors to be more precise in articulating fraud cases against suspicious state … Read the rest